Unemployment in Europe in July 2010

Despite the economic and financial crisis has occurred globally, it has not affected equally to all countries and that within the EU there are huge differences regarding the situation of unemployment .

Thus we have that unemployment in Europe in July has remained at rates close to 10% and now have a few months and, where unemployment remains stable although it is also true that unemployment in the euro area is higher four tenths regard to marking a year ago.

It is significant that the differences in unemployment in Europe this July 2010 as there are countries like Austria whose unemployment rate is only 3.8% of its population, the Netherlands, with rates of 4.4% economic powers like Germany or or UK where the level of unemployment is between 7% -8% while on the opposite side we can see how Spain is the worst country in this aspect with an unemployment rate of 20.3% followed closely by countries Eastern Europe such as Latvia or Estonia.

And Spain is negative leader in all facets of unemployment as the unemployment rate for men stood at 19.8%, among young people is 41.5% while in Europe the unemployment rate among males is nearly 10% of young people is about half that of the Spanish.

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